25.208 and amended by Acts 1989, 71st Leg., ch. 4, eff. 5, eff. TRANSFER OF ASSETS FROM INTEREST ACCOUNT. Gov't. CLAIMS AND ACTIONS AGAINST PUBLIC ENTITIES AND PUBLIC EMPLOYEES [810 - 998.3] ( Division 3.6 added by Stats. ... 815.2. 815.109. 1, eff. 1681. ) 25, eff. Sept. 1, 2001. (d) The board of trustees may, in the exercise of its constitutional discretion to manage the assets of the retirement system, select one or more commercial banks, depository trust companies, or other entities to serve as custodian of all or part of the retirement system's assets. Sept. 1, 1989. 8.48, eff. Title 110B, Sec. (d) The disbursing officer of each department or agency on authority from the department or agency head shall: (1) make deductions from each member's compensation for contributions to the retirement system; (2) transmit monthly, or at the time designated by the board of trustees, a certified copy of the payroll or report to the retirement system; and. 27, eff. DESIGNATION OF AUTHORITY TO SIGN VOUCHERS. Amended by Acts 1985, 69th Leg., ch. 1541, Sec. The board shall keep a record of all of its proceedings. 734 (H.B. CERTIFICATION OF NAMES OF LAW ENFORCEMENT AND CUSTODIAL OFFICERS. 179, Sec. 16, eff. 301), Sec. (b) Notwithstanding Subchapter C of Chapter 659, subject to the approval of the board of trustees, trustees who are not contributing members of the retirement system may receive: (2) reimbursement for all actual and necessary expenses that they incur in the performance of official board duties. 14 A recruitment incentive Payment is 25% or less 815 Recruitment Incentive VPF 5 U.S.C. Sec. Except for an interest in retirement funds as a member of the retirement system, a trustee or employee of the board of trustees may not have a direct or indirect interest in the gains or profits of any investment made by the board and may not receive any pay or emolument for services other than the person's designated compensation and authorized expenses. (b) The board of trustees shall deposit the state retirement contribution to the credit of the trust fund established by Section 815.310 to be used for the purposes specified by Section 815.103. 850, Sec. Sept. 1, 1989. Sept. 1, 1999; Acts 2001, 77th Leg., ch. 25.3011 and amended by Acts 1989, 71st Leg., ch. Sept. 1, 1989. 25.406 and amended by Acts 1989, 71st Leg., ch. 13(a), eff. (3) deposits required to establish military service credit. 25.307 by Acts 1989, 71st Leg., ch. Amended by Acts 1987, 70th Leg., 2nd C.S., ch. California Government Code Sec. Title 110B, Sec. Sept. 1, 1985. 251, Sec. Code § 815.2. 453, Sec. 91, Sec. 1, eff. 25.503 and amended by Acts 1989, 71st Leg., ch. September 1, 2005. 542, Sec. (3) collect data concerning the effectiveness of those procedures. 1048, Sec. Sept. 1, 1993. Section 401). 25.311 and amended by Acts 1989, 71st Leg., ch. One who appeals is called the appellant. Sec. Amended by Acts 1993, 73rd Leg., ch. (d) The board of trustees shall report, at a minimum, the aggregate amount of profit shares received by private professional investment managers in connection with alternative investments of the retirement system, categorized by asset class, in the annual financial report required under Section 2101.011 and in other appropriate investment reports and board presentations. § 815 The Legislature finds and declares that the preservation of land in its natural, scenic, agricultural, historical, forested, or open-space condition is among the most important environmental assets of California. Amended by Acts 1993, 73rd Leg., ch. (c) If the legislature appropriates, on behalf of each contributing member for any fiscal year, a membership fee to be deposited in the expense account in an amount equal to or greater than the membership fee required by Subsection (a), the members are not required to pay the membership fee for that year. Search California Codes. Renumbered from Vernon's Ann.Civ.St. Sec. 453, Sec. Sept. 1, 1981. 1, eff. 18, eff. On receipt of the training manual, each member of the board of trustees shall sign and submit to the executive director a statement acknowledging receipt of the training manual. Sept. 1, 1989. Texas Government Code Sec. that affect coverage or reimbursement. 1681.) Acts 2019, 86th Leg., R.S., Ch. 453, Sec. 618 (S.B. One bill affected this section. 815 Area Code belongs to the state of Illinois. 18, eff. 179, Sec. Sept. 1, 1981. 642, Sec. Sec. Renumbered from Vernon's Ann.Civ.St. 18, eff. Renumbered from Vernon's Ann.Civ.St. GENERAL [100 - 7914] ( Title 1 enacted by Stats. Sept. 1, 1981. Cancel « Prev. (4) the portion of a deposit required to establish military service credit that represents only the member's contribution for that credit. Sept. 1, 1981. 1, eff. 347 (S.B. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 21, eff. 815.5111. 453, Sec. 25.101 by Acts 1989, 71st Leg., ch. Records of the board are open to public inspection. 530 (S.B. 4171), Sec. L. 90–623, set out as a note under section 5334 of Title 5, Government Organization and Employees. Sept. 1, 1999; Acts 2003, 78th Leg., ch. (b) The comptroller shall pay money from the funds of the retirement system on warrants drawn by the comptroller supported only on vouchers signed by the executive director and the presiding officer of the board of trustees or their authorized representatives. Government Code - GOV. (a) In this section, "alternative investment" has the meaning assigned by Section 815.3015. 1231, Sec. (a) The legislative audit committee may contract with an independent and internationally recognized accounting firm with substantial experience in auditing retirement or pension plans to conduct a managerial audit of the retirement system. Acts 2009, 81st Leg., R.S., Ch. 586, Sec. Download . Amended by Acts 1983, 68th Leg., p. 1111, ch. 5753(e) 16 Payment is terminated VPT (Enter Law, Executive Order or Regulation that authorizes the action) Rules adopted by the board of trustees are to be considered a part of the plan and supersede conflicting portions of existing plan provisions. (c) At least once every four years, the actuary, under the direction of the board of trustees, shall: (1) make an actuarial investigation of the mortality, service, and compensation experience of the members and beneficiaries of the retirement system; and. 27, eff. September 1, 2005. The board shall also comply with federal and state laws for program and facility accessibility. Art. Investments may include home office facilities, including land, equipment, and office building, used in administering the retirement system. 791, Sec. (c) The board of trustees may authorize the executive director to acquire, hold, manage, purchase, sell, assign, trade, transfer, and dispose of any security, evidence of debt, or other investment in which assets of the law enforcement and custodial officer supplemental retirement fund may be invested. 1, eff. Renumbered from Vernon's Ann.Civ.St. (d) Appointments to the board shall be made without regard to the race, color, disability, sex, religion, age, or national origin of the appointees. (c) As of the last day of each fiscal year, the retirement system shall transfer from the interest account to the retirement annuity reserve account an amount equal to: (1) five percent of the mean amount in the retirement annuity reserve account for that fiscal year; or. 179, Sec. Acts 1981, 67th Leg., p. 1876, ch. 91, Sec. Sec. 1, eff. 815.402. Art. 3, eff. 1176), Sec. Acts 1981, 67th Leg., p. 1876, ch. Acts 1981, 67th Leg., p. 1876, ch. 23, eff. 1, eff. 453, Sec. (b) The retirement system shall pay from the expense account administration and maintenance expenses of the retirement system except those expenses the payment of which is provided for by Section 815.208(c) or 815.317(b). (e) The retirement system has sole discretion in determining if a record is subject to this section. (e) The board of trustees shall develop written investment objectives concerning the investment of assets of the retirement system. 815.307. Title 110B, Sec. Sept. 1, 1997. Except as otherwise provided by this section, the board has the same rights, duties, and responsibilities concerning the excess benefit arrangement as it has to the trust fund. EXCLUSIVE REMEDIES. 1310, Sec. The money required for state contributions and membership fees shall be from respective funds appropriated to pay the compensation of the member for whose benefit the contribution or fee is paid. 1963, Ch. Sept. 1, 1981. 815.310. Title 110B, Sec. Sept. 1, 1985. Section 401). California Government Code Section 815.4. (c) If the executive director or a member of the advisory committee has knowledge that a potential ground for removal exists, the executive director or committee member shall notify the presiding officer of the board of trustees of the potential ground for removal. 1121 (H.B. 815.102. Renumbered from Vernon's Ann.Civ.St. (b) If a written complaint is filed with the retirement system that the system has authority to resolve, the system, at least quarterly and until final disposition of the complaint, shall notify the parties to the complaint of the status of the complaint unless the notice would jeopardize an undercover investigation. 815.5093. REVIEW OF AND REMOVAL FROM ADVISORY COMMITTEE ON INVESTMENTS. Sept. 1, 1997. (2) The geographic area over which the court has authority to decide cases. 453, Sec. Section 401), the retirement system's benefit plan shall be considered the primary retirement plan for members of the retirement system. 3, eff. (c) A person appointed to the board of trustees is entitled to reimbursement, as provided by the General Appropriations Act, for the travel expenses incurred in attending the training program regardless of whether the attendance at the program occurs before or after the person qualifies for office. 1, eff. Sovereign Immunity. Sept. 1, 1989. (b) Rules adopted under this section related to a hearing on a contested case or disputed claim control over rules adopted under Section 2003.050. 530 (S.B. June 19, 1987. 25.3012 by Acts 1989, 71st Leg., ch. Sept. 1, 2001. (c) If the executive director has knowledge that a potential ground for removal exists, the executive director shall notify the presiding officer of the board of the ground. 18, Sec. 16, eff. LAW ENFORCEMENT AND CUSTODIAL OFFICER SUPPLEMENTAL RETIREMENT FUND. Prefix 815 is the area code of Chicago, IL . Liability of Public Entities Section 815.2 The statutes available on this website are current through the 86th Legislature, 2019. (3) the investment performance of the trust fund utilizing accepted industry measurement standards. Sec. (b) A paid officer, employee, or consultant of a Texas trade association in the field of insurance or investment may not be a trustee or an employee of the retirement system who is exempt from the state's position classification plan or is compensated at or above the amount prescribed by the General Appropriations Act for step 1, salary group 17, of the position classification salary schedule. 1, eff. § 815.2 (a) A public entity is liable for injury proximately caused by an act or omission of an employee of the public entity within the scope of his employment if the act or omission would, apart from this section, have given rise to a cause of action against that employee or his personal representative. (a) Each member annually shall pay a membership fee of $2. 25.506 by Acts 1989, 71st Leg., ch. - 818.9.] It originally served northern Illinois except Chicago and Quad Cities. (d) After making the transfers required by this section, the retirement system, as of the last day of each fiscal year, shall transfer the amount remaining in the interest account to the state accumulation account. 91, Sec. (c) A person who is the spouse of a paid officer, manager, or consultant of a Texas trade association in the field of insurance or investment may not be a trustee and may not be an employee of the retirement system who is exempt from the state's position classification plan or is compensated at or above the amount prescribed by the General Appropriations Act for step 1, salary group 17, of the position classification salary schedule. 815.107. subchapter a. board of trustees Title 110B, Sec. 1664), Sec. (6) any applicable ethics policies adopted by the retirement system or the Texas Ethics Commission. Members of advisory committees established under this section serve at the pleasure of the board. (b) To be eligible to serve as an elected member of the board, a person must be a member of the retirement system and must hold a position that: (1) is included in the employee class of membership; and. (b) Interest on money in an individual account in the employees saving account is earned monthly and is computed at the rate of two percent a year on the mean balance of the member's account for the fiscal year. 4.06(a), eff. Sept. 1, 1981. 1, eff. 1, eff. Sept. 1, 1997; Acts 2001, 77th Leg., ch. Amended by Acts 1993, 73rd Leg., ch. subtitle c. teacher retirement system of texas. Aug. 28, 1989. The board of trustees may employ physicians in addition to the medical board to report on special cases. September 1, 2009. Sec. 530 (S.B. The board of trustees shall file with the comptroller of public accounts a duly attested copy of a board resolution that designates the authorized representatives, as provided by this chapter, who have authority to sign vouchers for payment from the funds administered by the board of trustees. Sept. 1, 1993. Sec. Renumbered from Vernon's Ann.Civ.St. 1, eff. 25.206 and amended by Acts 1989, 71st Leg., ch. 791, Sec. September 1, 2015. SUBTITLE B. § 815.4 A public entity is liable for injury proximately caused by a tortious act or omission of an independent contractor of the public entity to the same extent that the public entity would be subject to such liability if it were a private person. This subsection prevails over any other law to the extent of any conflict. Massachusetts 301), Sec. (a) The retirement system shall keep an information file about each complaint filed with the system that the system has authority to resolve. 1, eff. Texas Government Code Sec. OATH OF OFFICE. Added by Acts 1993, 73rd Leg., ch. Sept. 1, 1989. Acts 1981, 67th Leg., p. 1876, ch. 25.501 by Acts 1989, 71st Leg., ch. 111, eff. 20, eff. Sept. 1, 1981. (d) For the purposes of this section, a Texas trade association is a nonprofit, cooperative, and voluntarily joined association of business or professional competitors in this state designed to assist its members and its industry or profession in dealing with mutual business or professional problems and in promoting their common interest. 1, eff. (e) The board of trustees may adopt rules necessary to implement this section. (b) In addition to the statement required by Subsection (a), the retirement system shall furnish to a member, on written request, a statement of the amount credited to the member's individual account. (1) review all medical examinations required by this subtitle and Subtitle D; (2) investigate essential statements and certificates made by or on behalf of a member of the retirement system in connection with an application for disability retirement; and. 16, eff. 14, eff. subtitle b. employees retirement system of texas. 815.009. 1549), Sec. 17, eff. Amended by Acts 1991, 72nd Leg., ch. New Article 17 (Sections 599.815-599.821, not consecutive) filed 6-28-84; designated effective 7-1-84 pursuant to Government Code Section 11346.2(d) (Register 84, No. 815.322. Sec. The board is the trustee of the system's assets. 19, eff. Sec. (a) A person is not eligible for appointment to an advisory committee established by the board of trustees to provide advice to the board on investments and investment-related issues if the person or the person's spouse: (1) is employed by or participates in the management of a business entity or other organization receiving funds from the retirement system; (2) owns or controls, directly or indirectly, more than a 10 percent interest in a business entity or other organization receiving funds from the retirement system; or. Amended by Acts 1991, 72nd Leg., ch. Title 110B, Sec. Acts 2009, 81st Leg., R.S., Ch. (b) The retirement system also shall deposit in the state accumulation account the interest portion of the following deposits made by members: (1) deposits required to reinstate service previously canceled; (2) deposits required to establish service credit not previously established; and. Added by Acts 1993, 73rd Leg., ch. (b) The board shall develop and implement policies that clearly define the respective responsibilities of the board and the staff of the retirement system. 1, eff. (d) The board of trustees may in its sole discretion make a final decision on a contested case under this section. Title 110B, Sec. Art VII - Ratification. 16, eff. 925, Sec. ADOPTING TABLES. ADMINISTRATIVE DECISION; APPEAL AND NEGOTIATION. The board of trustees shall elect a presiding officer from the membership of the board. 1, eff. On judicial appeal the standard of review is by substantial evidence government code 815 by Acts 1989, Leg.. Risks involved, investment time frames, and any other business of legislature... Names of law enforcement and custodial OFFICERS for program and facility accessibility in the of. ; written: includes any representation of words government code 815 letters, symbols or! 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